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Avalanche

Using Fib extension in price discoveryWhen you are in ATH territory also known as price discovery area it can be tough to know when to enter/exit a trade. For this reason, I LOVE the Fib Extension tool to help identify potential areas of interest to take profit, exit, or scalp. It can also help you set targets before it gets to ATH territory. Most popular levels 100%, 161.8%, 200%, 261.8%. It’s good to wait to see how price action acts at these levels. Also, price could snag on levels before these, but good to know that these are the most popular areas of interest. This isn’t a full proof system but it is very common for traders to use these levels as exits and to take profits. This could also be a good target to short or enter on a bounce off of support.
COINBASE:AVAXUSD
by DaCryptologist
3
AVAX 1D Where can we buy safely and then sell profitably?Today we have AVAXUSDT — another trading pair in our analysis, voted for under our "Bitcoin Weekend #17" idea. AVAXUSDT price showed a gorgeous 500% growth in less than a month, almost reaching ATH We congratulate all traders and investors, who at least managed to get out of the drawdown, if they bought on the previous growth wave and did not have time to fix it in time, and at maximum — they made good profit on such a strong growth movement. What are we waiting for next — you ask, correction — we will answer). And from the depth of the correction and the volumes, where it will take place, it will be easier for us to determine who is stronger at this moment: the buyers or sellers. If the sellers aggressively buy from the range of $38-40 and do not let the price go lower, then you can expect an update of the absolute maximum of AVAX in the near future, and after that you can aim for growth up to $140. If the correction will be delayed in time and depth, then we can forget about a quick rise in the pair AVAXUSD for 1-2 months. However, there is also a plus here, longer accumulation of positions by buyers will give them more time to rest and gain strength for the next upward movement. Accordingly, the successful purchase of AVAXUSD in the area of $19-2 4 can in time increase your deposit by x10 times, because the target for profit taking in such a trading situation may be in the area of $200-215 _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
53
Avalanche (AVAX) - November 22Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (AVAXUSD 1W Chart) - Medium to Long-Term Perspective Above the 43.7108730 point: Expected to create a new wave. Don't assume that you need to know how far it will rise so you can maximize your profits by selling then. This thought can cause you to stop selling at the time you realize a profit. Take profit is to make the mental state stable by selling in installments when there is a change in one's psychological state (anxiety, nervousness, exultation, hope circuit, etc.) as the price rises. In addition, you can realize profits according to your investment period. Usually, when you trade, you want to sell 100% to confirm your profit. Once you have established a profit, you should not buy again until the price drops. However, if the price continues to rise, you will often end up at a loss by buying again. Therefore, it is necessary to calculate the purchase principal rather than selling 100% and sell the same amount of the purchase principal in installments to recover the investment and retain the amount of tokens corresponding to the profit so that the profit can be regenerated. (In short-term trades, it is recommended to sell 100% to secure profits.) The average unit price of tokens for revenue is 0. Therefore, I think it is advantageous for additional transactions because the psychological burden will be reduced in future transactions. (1D chart) It is important to keep the price above the 70.0898075 point to sustain this uptrend. Therefore, if it falls from the 70.0898075 point, Stop Loss is required to preserve profit and loss. However, it is possible to touch near the 43.7108730 point and rise, so you need to think about how to deal with it. ----------------------------------------- (AVAXBTC 1W Chart) Above 0.0004889-0.0007164 section: expected to continue upward trend 0.0012-0.0014834 or higher: Expected to create a new wave. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
BINANCE:AVAXUSD
by readCrypto
2
AVAX Avalanche has a great future ahead of it. Huge uptrend now.AVAX tells a great tale.. between march and Aug 18th (specifically) AVAX was in a steady downtrend. That all changed when a reversal break occurred. I have it marked on the chart. As you can see after the break a full uptrend pump started. Finding those breaks is one of the most profitable setups one can discover. This is a great coin to 'learn' some TA from since it shows you a legit break reversal from a downtrend that turns into an uptrend. Textbook stuff.
Long
by ConqueringCrypto
🔥 AVAX Hitting Resistance: Reversal Or Break OutRecently I made an analysis on AVAX and the bullish channel it was trading in. In this analysis I wrote that it was likely that AVAX was going to follow this channel in the near term, which is exactly what it ended up doing, seeing some crazy returns in the process. As of today, AVAX is trading near the top of the channel. Two things can happen, the price either reverses back towards the lower bound of the channel ($100-$110 area) or the price breaks out further and continues the parabolic move. In case of a bearish move, I'd be scouting the lower channel bound for a potential entry. In case of a bullish break out, I'm eyeballing the $150 target for a partial exit. AVAX has been performing exceptionally good as of late. I'm confident that this token has a lot of upside left for the remainder of the bull-run. Happy trading!
by FieryTrading
10
Textbook price action for Benqi a further dive into low cap gem Benqi, a defi platform running on Avalanche (which is a very trendy coin right now and thus infrastructure coins on AVAX will follow) with a market cap of just 180 million usd. As we can see from the price action it has been in an accumulation phase since late August and consolidated beautifully in the lower order block. (brown) It is now starting its first of five impulse waves and right now coiling up for the breakout move beyond the downwards sloping resistance. I expect a move inbound soon beyond the second order block (light brown) towards the 0.618 extension, if it can consolidate in the upper (green) order block; a 250% move is in the making, with a potential towards a 470% breakout. I like low caps! :) IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Long
by cryptobullethbtcxlm
6
AVAX Avalanche 4H - Support TargetsToday I am reviewing the 4H chart for Avalanche (AVAX) on a linear scale. The price dropped today as did the entire crypto market except for a few outliers. In the chart I noted: 1) The Ichimoku Cloud support in green which is looking strong. 2) 3 areas of Support in case there is a possible price drop further. 3) The 50/100/200 MA with the 100MA at Support 2. 4) The Volume Profile (VPVR) showing the major support areas going down. The volume overall looks healthy. Also keep an eye on the RSI (relative strength index) as we may have potential to get back to touch the trendline. What are your opinions on this? I love reading your comments below. Check out more below for recent Altcoin, Bitcoin , Stock and Commodities Ideas. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:AVAXUSD
by MillionaireEconomics
AVAX Possible Bullish BounceCHART SUMMARY Binance - Weekly Candles - AVAX/BTC CHART OVERVIEW Fibbonaci Circles: from the centre outwards = 0.382, 0.618, 1, 1.618, 2.618, 3.618. ANALYSIS The price is heading towards the green 0.618 circle, this is a pivotal price point and could indicate a bullish bounce is upcoming. CONCLUSSION If lots of volume and a sharp rise occurs after contacting the 0.618 circle this is looking bullish, if price drops through and lingers below it's looking bearish. What do you guys think, bullish or bearish? Personally I'm bullish based on fundamentals and price action. *DISCLAIMER: NOT PROFESSIONAL ADVICE
Long
by cmpkpersonal
5
AVAX/USD - Show of strength while market tanked! 😎AVAX pumped while most of the market tanked. This is a show of strength! While we have still not passed the all important resistance, we have made a new all-time high! This is bullish. If AVAX can pass this resistance and make it support we will go much higher. Indicators are also curving back up and volume looks healthy here. Looks promising and bias is bullish. But we got to pass this resistance soon, the longer we wait the higher the chance we drop back down. Be careful. Like and follow if you liked my idea!
Long
by DU09
1